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Many of the ministry requests for their piece of the fiscal 2020 budget submitted at the end of August are all-time highs.

The Finance Ministry on Thursday announced that general account budget requests from government agencies and ministries came to a record-setting ¥104.99 trillion. Behind this figure are mounting social security costs and increased spending on defense. It was also the sixth straight year that the budget requests have topped ¥100 trillion.

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